Saturday, January 21, 2012

Saudi Arabia. Nigeria. Venezuela. Canada?

It?s well known that America?s dependence on foreign oil forces us to partner with some pretty unsavory regimes. Take, for instance, the country that provides by far the largest share of our petroleum imports. Its regime, in thrall to big oil interests, has grown increasingly bellicose, labeling environmental activists ?radicals? and ?terrorists? and is considering a crackdown on nonprofits that oppose its policies. It blames political dissent on the influence of ?foreigners,? while steamrolling domestic opposition to oil projects bankrolled entirely by overseas investors. Meanwhile, its skyrocketing oil exports have sent the value of its currency soaring, enriching energy industry barons but crippling other sectors of its economy.

Source: http://feeds.slate.com/click.phdo?i=4ab355a02b929eb12826127ba64198e4

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